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PSTG Stock Forecast: Pure Storage Inc. Price Predictions for 2027

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$87.20

+8.20 (10.38%)

PSTG Stock Forecast 2026-2027

$87.20
Current Price
$28.82B
Market Cap
20 Ratings
Buy 15
Hold 4
Sell 1
Wall St Analyst Ratings

Distance to PSTG Price Targets

+20.4%
To High Target of $105.00
+3.2%
To Median Target of $90.00
-27.8%
To Low Target of $63.00

PSTG Price Momentum

0.0%
1 Week Change
0.0%
1 Month Change
+52.3%
1 Year Change
+30.1%
Year-to-Date Change
-13.3%
From 52W High of $100.59
+73.7%
From 52W Low of $50.20
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Latest PSTG Stock Price Targets & Analyst Predictions

Based on our analysis of 5 Wall Street analysts, PSTG has a bullish consensus with a median price target of $90.00 (ranging from $63.00 to $105.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $87.20, the median forecast implies a 3.2% upside. This outlook is supported by 15 Buy, 4 Hold, and 1 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PSTG Analyst Ratings

15
Buy
4
Hold
1
Sell

PSTG Price Target Range

Low
$63.00
Average
$90.00
High
$105.00
Current: $87.20

Latest PSTG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PSTG.

Date Firm Analyst Rating Change Price Target
Apr 16, 2026 JP Morgan Samik Chatterjee Overweight Maintains $80.00
Mar 9, 2026 Northland Capital Markets Outperform Upgrade $N/A
Feb 26, 2026 UBS Sell Maintains $N/A
Feb 26, 2026 Wells Fargo Overweight Maintains $N/A
Feb 26, 2026 Barclays Equal-Weight Maintains $N/A
Feb 23, 2026 Wedbush Outperform Reiterates $N/A
Feb 19, 2026 Evercore ISI Group Outperform Maintains $N/A
Feb 17, 2026 Citigroup Buy Maintains $N/A
Dec 3, 2025 Citigroup Buy Maintains $N/A
Dec 3, 2025 Lake Street Buy Maintains $N/A
Dec 3, 2025 Barclays Equal-Weight Maintains $N/A
Dec 3, 2025 Wedbush Outperform Maintains $N/A
Dec 3, 2025 JP Morgan Overweight Maintains $N/A
Dec 3, 2025 Susquehanna Neutral Downgrade $N/A
Dec 3, 2025 UBS Sell Maintains $N/A
Dec 3, 2025 Needham Buy Reiterates $N/A
Nov 17, 2025 JP Morgan Overweight Maintains $N/A
Nov 17, 2025 Oppenheimer Outperform Initiates $N/A
Nov 17, 2025 Morgan Stanley Equal-Weight Maintains $N/A
Oct 21, 2025 Citigroup Buy Maintains $N/A

Pure Storage Inc. (PSTG) Competitors

The following stocks are similar to Pure Storage based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Pure Storage Inc. (PSTG) Financial Data

Pure Storage Inc. has a market capitalization of $28.82B with a P/E ratio of 123.3x. The company generates $3.66B in trailing twelve-month revenue with a 5.1% profit margin.

Revenue growth is +9.8% quarter-over-quarter, while maintaining an operating margin of -18.5% and return on equity of +13.7%.

Valuation Metrics

Market Cap $28.82B
Enterprise Value $21.81B
P/E Ratio 123.3x
PEG Ratio 0.9x
Price/Sales 6.1x

Growth & Margins

Revenue Growth (YoY) +9.8%
Gross Margin +69.9%
Operating Margin -18.5%
Net Margin +5.1%
EPS Growth +20.4%

Financial Health

Cash/Price Ratio +4.3%
Current Ratio 1.6x
Debt/Equity 127.4x
ROE +13.7%
ROA +1.7%
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Pure Storage Inc. logo

Pure Storage Inc. (PSTG) Business Model

About Pure Storage Inc.

What They Do

Provides enterprise-grade all-flash data storage solutions.

Business Model

The company generates revenue by offering innovative block, file, and object storage hardware and software products tailored for data-intensive workloads, including subscription-based storage-as-a-service models. Pure Storage targets organizations looking to consolidate and simplify their data storage operations, thereby reducing complexity and operational costs.

Additional Information

Founded in 2009, Pure Storage is recognized as a leader in enterprise storage solutions, delivering high performance and scalability with features such as zero-downtime guarantees and advanced monitoring capabilities. Their offerings cater to both on-premises and cloud infrastructures, emphasizing security, compliance, and sustainability in data management.

Company Information

Sector

Technology

Industry

Computer Hardware

Employees

6,400

CEO

Mr. Charles H. Giancarlo

Country

United States

IPO Year

2015

Pure Storage Inc. (PSTG) Latest News & Analysis

Latest News

PSTG stock latest news image
Quick Summary

NetApp stock increased by nearly 13% before the release of its April-quarter earnings results.

Why It Matters

NetApp's stock surge indicates strong market expectations for positive earnings, potentially signaling growth and increased investor confidence in the company's performance.

Source: Investors Business Daily
Market Sentiment: Positive
PSTG stock latest news image
Quick Summary

Everpure, Inc. sees strong demand from AI-driven datacenters, leading to product price hikes of up to 40%. The stock has rallied ~20% YTD and remains rated a 'buy' due to reasonable multiples.

Why It Matters

Everpure, Inc. is positioned for continued growth due to rising demand for AI datacenters and recent price hikes, suggesting potential for strong earnings and sustained investor confidence.

Source: Seeking Alpha
Market Sentiment: Positive
PSTG stock latest news image
Quick Summary

Everpure Inc. anticipates Q1 '27 revenue of ~$1 billion, a 28% YoY increase, with non-GAAP operating income projected at $125M-$135M, indicating 51% growth. AI demand fuels this growth.

Why It Matters

Everpure Inc.'s strong revenue growth and optimistic guidance indicate robust demand in AI sectors, suggesting potential for significant returns and market confidence, impacting investor sentiment positively.

Source: Seeking Alpha
Market Sentiment: Positive
PSTG stock latest news image
Quick Summary

The data storage company, previously known as Pure Storage, has seen significant growth since April 2023.

Why It Matters

The surge in performance of the data storage company indicates strong market demand, potentially signaling growth opportunities and increased investor interest.

Source: Investors Business Daily
Market Sentiment: Positive
PSTG stock latest news image
Quick Summary

Everpure (PSTG) closed at $64.89, up 1.39% from the previous trading day.

Why It Matters

Everpure's positive price movement indicates investor confidence, potential momentum for future gains, and may attract more buyers, impacting overall market sentiment.

Source: Zacks Investment Research
Market Sentiment: Neutral
PSTG stock latest news image
Quick Summary

Investors in Technology Services stocks are evaluating TTEC Holdings (TTEC) and Everpure (PSTG) for potential value investment opportunities.

Why It Matters

The comparison between TTEC and Everpure highlights potential investment opportunities in the Technology Services sector, influencing decisions based on value assessment and market positioning.

Source: Zacks Investment Research
Market Sentiment: Neutral

Frequently Asked Questions About PSTG Stock

What is Pure Storage Inc.'s (PSTG) stock forecast for 2027?

Based on our analysis of 5 Wall Street analysts, Pure Storage Inc. (PSTG) has a median price target of $90.00. The highest price target is $105.00 and the lowest is $63.00.

Is PSTG stock a good investment in 2027?

According to current analyst ratings, PSTG has 15 Buy ratings, 4 Hold ratings, and 1 Sell ratings. The stock is currently trading at $87.20. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PSTG stock?

Wall Street analysts predict PSTG stock could reach $90.00 in the next 12 months. This represents a 3.2% increase from the current price of $87.20. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Pure Storage Inc.'s business model?

The company generates revenue by offering innovative block, file, and object storage hardware and software products tailored for data-intensive workloads, including subscription-based storage-as-a-service models. Pure Storage targets organizations looking to consolidate and simplify their data storage operations, thereby reducing complexity and operational costs.

What is the highest forecasted price for PSTG Pure Storage Inc.?

The highest price target for PSTG is $105.00 from at , which represents a 20.4% increase from the current price of $87.20.

What is the lowest forecasted price for PSTG Pure Storage Inc.?

The lowest price target for PSTG is $63.00 from at , which represents a -27.8% decrease from the current price of $87.20.

What is the overall PSTG consensus from analysts for Pure Storage Inc.?

The overall analyst consensus for PSTG is bullish. Out of 5 Wall Street analysts, 15 rate it as Buy, 4 as Hold, and 1 as Sell, with a median price target of $90.00.

How accurate are PSTG stock price projections?

Stock price projections, including those for Pure Storage Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: July 16, 2026 1:08 PM UTC
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